Compute the NPV statistic for Project U if the appropriate cost of capital is 10 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project U Time: 0 1 2 3 4 5

Cash flow: $1,300 $470 $1,780 $580 $420 $160

Should the project be accepted or rejected? multiple choice

accepted

rejected